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i think both sides are looking at if fiscal cliff right now and saying, well, we could go over this thing. it wouldn't be the end of the world and that's a very different view in washington than it is on wall street. i can tell you that. >> eamon, thanks. i know you've got a long day ahead, a long afternoon as well. eamon javers in washington. >> isn't it unbelievable. you have this huge, looming problem, i'll wait until later this afternoon to deal with it. >> and the whole sequester was a way to deal with this later. and corker, i think, on some of the morning shows this morning, senator corker said the worst case today would be to set up another later deadline that would keep the hard questions -- >> and i think a lot of this is so abstract, but if those milk prices go up for people around this country, that's going to be the thing that gets people really animated. >> that and payroll taxes, if they go up, that will hit a lot of americans across the board. >> interesting to see a lot of the stocks today that have exposure to dairy futures, whether it's an hsy, who knows? i haven't even
i think both sides are looking at if fiscal cliff right now and saying, well, we could go over this thing. it wouldn't be the end of the world and that's a very different view in washington than it is on wall street. i can tell you that. >> eamon, thanks. i know you've got a long day ahead, a long afternoon as well. eamon javers in washington. >> isn't it unbelievable. you have this huge, looming problem, i'll wait until later this afternoon to deal with it. >> and the whole...
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Dec 27, 2012
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cliff if no deal is reached. >> that's right. december 31st. a lot going on there. a lot of these budget calamities coming together all at once. economists already warning the fiscal cliff situation could cause another recession. now we're about to hit the nation's debt ceiling. secretary geithner in a letter to congress did go ton say, quote, he would take extraordinary measures and say these extraordinary measures can create approximately $200 billion in head room under the debt limit. under normal circumstances the amount of head room would last approximately two months. however, given the significant uncertainty that now exists with regard to unresolved tax and spending policies for 2013, it's not possible to predict the measure. because of the uncertainty of the fiscal cliff they don't know whether they have enough head room to make sure the nation's debt ceiling doesn't reach limit within two months. the bottom line is even if we deal with the fiscal cliff in the next few days and avert that. there is another crisis with th
cliff if no deal is reached. >> that's right. december 31st. a lot going on there. a lot of these budget calamities coming together all at once. economists already warning the fiscal cliff situation could cause another recession. now we're about to hit the nation's debt ceiling. secretary geithner in a letter to congress did go ton say, quote, he would take extraordinary measures and say these extraordinary measures can create approximately $200 billion in head room under the debt limit....
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Dec 31, 2012
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. >> he'll be back on wednesday, in time to trade the fiscal cliff. all right. the deadline, of course, just hours away. if lawmakers wind up kicking the can down the road, they may want to come up with a way of saying so. that son the annual list of words to be ban issued. spoiler alert, trending and bucket list, not surprisingly the phrase that got the most nominations this year, fiscal cliff. so that brings us to this morning's squawk on the tweet. what other phrases should be banned and why. and remember, try and keep it clean. tweet us at squawk street. we've got your responses throughout the morning. fiscal cliff definitely has to go. >> i can't wait for hash tag to go away. >> we'll start hearing about the debt ceiling in two months. >> a ban on 2013's list. >> have a great new year. >> you as well. i have no special plans. i have a 3-month-old daughter -- >> that's very special. >> i'm prohibited from going anywhere. we have dinner reservations about 4:30 p.m., though. >> early birds. >> happy new year. >> same to you. >> presidents of americans for tax
. >> he'll be back on wednesday, in time to trade the fiscal cliff. all right. the deadline, of course, just hours away. if lawmakers wind up kicking the can down the road, they may want to come up with a way of saying so. that son the annual list of words to be ban issued. spoiler alert, trending and bucket list, not surprisingly the phrase that got the most nominations this year, fiscal cliff. so that brings us to this morning's squawk on the tweet. what other phrases should be banned...
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Dec 27, 2012
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over the fiscal cliff. but i think what is important is what harry reid said, there's a bill you could pass in the house, for the house to pass the senate bill is quickest. you can't do it because you have all the democrats and nancy pelosi can whip her caucus, she maas lie one or two, and then you need about 30 republicans, but boehner -- >> arguing the senate bill is more partisbipartisan. >> it means only 2% of people would pay the 39% tax rate on everything above 250, right? but you reason he won't even try to pass that bill, is because he doesn't want the optics with the bill being passed with mostly democrats. bainers wants it a majority of the majorities, that that will be mostly republicans passing it. that's impossible, because republicans, you can't even get 10 or 20 of them to agree on anything they think is a tax hike. so you have a stalemate of boehner's over design. >>> ryan, to you, please responds to what joann said. a year ago, did you think -- yeah, we knew this was going to happen, did yo
over the fiscal cliff. but i think what is important is what harry reid said, there's a bill you could pass in the house, for the house to pass the senate bill is quickest. you can't do it because you have all the democrats and nancy pelosi can whip her caucus, she maas lie one or two, and then you need about 30 republicans, but boehner -- >> arguing the senate bill is more partisbipartisan. >> it means only 2% of people would pay the 39% tax rate on everything above 250, right? but...
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now the fiscal cliff is coming and we're all going to shoot off the fiscal cliff like thelma and louise and we're holding hands with grover norquist and everybody's crying mostly because the lose in the sixty six thunderbird to the grand canyon but the republicans even though they lost the election even though they lost seats in the house and lost seats in the senate they still refused to negotiate and they're being held hostage by their far right wing and that hasn't changed and it might might change next year but i don't i don't think so and loose with what about the polarization let's say in france right now after the election because the sitting president is not very popular right now. it's complicated because you you get a kind of windshield wiper effect in france you get one we can which the president sporty and the president himself are doing extremely badly for instance you have the steel works. with mr lakshmi mittal the fact that basically the president and the prime minister the minister for industry all had different theories about what to do and how to try and keep jobs int
now the fiscal cliff is coming and we're all going to shoot off the fiscal cliff like thelma and louise and we're holding hands with grover norquist and everybody's crying mostly because the lose in the sixty six thunderbird to the grand canyon but the republicans even though they lost the election even though they lost seats in the house and lost seats in the senate they still refused to negotiate and they're being held hostage by their far right wing and that hasn't changed and it might might...
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gregg: the fiscal cliff is not the only threat facing the u.s. economy right now. shipments of all kinds could actually be stuck on cargo ships if a longshoreman strike goes ahead as planned. the stakes for the recovery coming up. patti ann: high noon in those fiscal cliff negotiations. >> nothing have move forward in regards to our budget crisis unless speaker boehner and mitch mcconnell will go forward with our plan. speaker boehner is willing to negotiate, we have not heard a word from mitch mcconnell, and nothing is hang. patti ann: chris vanhollen joins us next. pwhrafp [ woman ] ring. ring. progresso. i just finished a bowl of your new light chicken pot pie soup and it's so rich and creamy... is it really 100 calories? let me put you on webcan... ...lean roasted chicken... and a creamy broth mmm i can still see you. [ male announcer ] progresso. you gotta taste this soup. . patti ann: fox news alert, potentially good news for the nation's housing market. pending home sales, which measure homes that are in contract and about to be sold rose 1.7% in november to
gregg: the fiscal cliff is not the only threat facing the u.s. economy right now. shipments of all kinds could actually be stuck on cargo ships if a longshoreman strike goes ahead as planned. the stakes for the recovery coming up. patti ann: high noon in those fiscal cliff negotiations. >> nothing have move forward in regards to our budget crisis unless speaker boehner and mitch mcconnell will go forward with our plan. speaker boehner is willing to negotiate, we have not heard a word from...
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Dec 24, 2012
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at the lower tax rates and buy back in in january depending on what happens with the fiscal cliff? >> yeah, i mean, i actually have a lot of clients where we are literally selling their portfolio, capturing their cost basis now and reestablishing a new cost basis because we know for a fact we'll see 3.8% next year just from the obamacare tax and other taxes and we're seeing people do that. you're not necessarily seeing it in the market because about, i think something close to very, very small percentage of the individuals affect the stock market. you're seeing that with individuals, but not reflected in the market as much because big institutions control the stock market. >> how many of your clients,percentage-wise, how many of your clients are doing that, cashing out this year to lock in rates at the lower rates? >> i would say half of them. i'm getting calls all the time. everybody is concerned about this and they're calling and saying, what do we do as a result of this and i'm giving the best advice. we've got nice gains, if we are thinking about selling the next two or three y
at the lower tax rates and buy back in in january depending on what happens with the fiscal cliff? >> yeah, i mean, i actually have a lot of clients where we are literally selling their portfolio, capturing their cost basis now and reestablishing a new cost basis because we know for a fact we'll see 3.8% next year just from the obamacare tax and other taxes and we're seeing people do that. you're not necessarily seeing it in the market because about, i think something close to very, very...
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could be all the way to tuesday. >> right. we are going to be talking about fiscal cliff. where are we? where are we going? what things can we believe that are coming out from capitol hill? what qunt we believe? >> today, we have the fake plan apparently senate republicans had and white house denying. this is -- ugh. interesting. >> what about the white house supposedly sending its own boiled down fiscal cliff bill to the hill? what's going on with that? you've got harry reid's incendiary comments on the floor today. >> it feels like we're at the beginning of the beginning of the end. >> right. i'll be back tomorrow to talk about it. >> jonathan capehart, thanks so much. that does it for this edition of "andrea mitchell reports." craig melvin has a look at what's next. the pride of south carolina. craig, how are you doing, snir. >> good to see you as always. five days to go until the fiscal cliff deadline. john boehner holding a press conference. what might they be talking about? president obama returned to washington today after speaking with all four congressional leader
could be all the way to tuesday. >> right. we are going to be talking about fiscal cliff. where are we? where are we going? what things can we believe that are coming out from capitol hill? what qunt we believe? >> today, we have the fake plan apparently senate republicans had and white house denying. this is -- ugh. interesting. >> what about the white house supposedly sending its own boiled down fiscal cliff bill to the hill? what's going on with that? you've got harry...
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Jan 1, 2013
01/13
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the fiscal cliff negotiations. we'll be right back with "hardball." there are patients who will question, why does my mouth feel dryer than i remember it to be? there are more people taking more medication, so we see people suffering from dry mouth more so. we may see more cavities, bad breath, oral irritation. a dry mouth sufferer doesn't have to suffer. i would recommend biotene. the enzymes in biotene products help supplement enzymes that are naturally in saliva. biotene helps moisten those areas that have become dry. will not. e that are suffering can certainly benefit from biotene. >>> the rising political star of 2013, chris hayes, who will that be? >> massachusetts senator elizabeth warren i think. it's not an easy thing to do what she did. i think people -- she was a star on this network and among progressives, but to go win statewide office particularly as a woman in massachusetts, that takes some doing and i think she'll be an absolute force. >> steve, the rising star? >> it mains me a bit to say because i'm not that much of a fan but this i
the fiscal cliff negotiations. we'll be right back with "hardball." there are patients who will question, why does my mouth feel dryer than i remember it to be? there are more people taking more medication, so we see people suffering from dry mouth more so. we may see more cavities, bad breath, oral irritation. a dry mouth sufferer doesn't have to suffer. i would recommend biotene. the enzymes in biotene products help supplement enzymes that are naturally in saliva. biotene helps...
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Dec 29, 2012
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that is right up there. and i get that one. >> yeah, well, fiscal cliff. it involves economics, it involves politics. a lot of people think it's going to increase the deficit, which it isn't. a lot of people are worried it's going to decrease the deficit. so a lot of complicated issues and political issues. and we hear it all of the time. >> let's talk about lake superior state university and how this list compiling all began. >> it was a bet new year's eve, 1976. >> long ago. >> yep. and they discussed how many words and phrases are overused too often. and the originator of this list back in 1976 went back and drew up a list of five words to submit to upi, united press international. and the whole thing took off from there, and we take nominations from all over the world. whatever floats to the top gets to our list. >> and is i was going to ask how that happened. people can, what, make suggestions, somehow contact your university and say here's a word i want banished. >> lssubanished. do a search and it will get you right to our page. and there is still t
that is right up there. and i get that one. >> yeah, well, fiscal cliff. it involves economics, it involves politics. a lot of people think it's going to increase the deficit, which it isn't. a lot of people are worried it's going to decrease the deficit. so a lot of complicated issues and political issues. and we hear it all of the time. >> let's talk about lake superior state university and how this list compiling all began. >> it was a bet new year's eve, 1976. >>...
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. >> just three days until the so- called fiscal cliff, and there are new developments on the road to a deal. richard reeve has been following all of the twists and turns. while there is still nothing concrete, both sides are talking? >> that is right democratic and republican leaders are trying to broker a last-minute deal to allow a rank-and-file vote sunday, the radically house members back in session sunday night would look but time is running out. as the fiscal cliff deadline approaches -- >> i cannot believe we got this close. >> the sign of the times reflecting most americans' frustrations. >> sit down, go into a room, and don't come out until you take care of this. >> the fallout with no deal. and every american's tax rates are going up. every american's paychecks will get a lot smaller. >> friday, president obama and congressional leaders met about an hour and agreed to keep talking. >> it is constructive and it is getting done. we will see. >> this eveleaders in the senate are signaling they are ready to compromise. >> i'm hopeful and optimistic. and if there were is no deal
. >> just three days until the so- called fiscal cliff, and there are new developments on the road to a deal. richard reeve has been following all of the twists and turns. while there is still nothing concrete, both sides are talking? >> that is right democratic and republican leaders are trying to broker a last-minute deal to allow a rank-and-file vote sunday, the radically house members back in session sunday night would look but time is running out. as the fiscal cliff deadline...
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economy caught right in the middle. we can only, of course, be talking about the fiscal cliff. our political panel is going to weigh in on the chances for a deal. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. >>> the pressure is on as harry reid and mitch mcconnell race against the clock to find a fix to the fiscal cliff. joining me are cnn contributor and democratic strategist maria cardona and republican strategist ron bonjin. good morning to you. >> good morning. >> good morning. >> ron, i'll start with you. reid and mcconnell, they really are the focus in the senate. in the house, it's speaker john boehner. i've got to ask you, is his job on the line if republicans balk at any deal that's reached? >> no, not at all. speaker boehner is extremely strong. his conferences support him and knows that he's bee
economy caught right in the middle. we can only, of course, be talking about the fiscal cliff. our political panel is going to weigh in on the chances for a deal. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. >>>...
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they had really nothing to say in the so-called fiscal cliff crisis. all right, the biggest winners and losers, stay with us welcome to chevy's year-end event. so, the 5.3-liter v8 silverado can tow up to 9,600 pounds? 315 horsepower. what's that in reindeer-power? [ laughs ] [ pencil scratches ] [ male announcer ] chevy's giving more. now through january 2nd, no monthly payments until spring for qualified buyers. get the silverado for 0% apr financing for 60 months plus $1,000 holiday bonus cash. plus trade up for an additional $1,000 trade-in allowance. so we created the extraordinarily comfortable sleep number experience. a collection of innovations designed around a bed with dualair technology that allows you to adjust to the support your body needs - each of your bodies. our sleep professionals will help you find your sleep number setting. exclusively at a sleep number store. comfort individualized. save 50% on the final closeout of our silver limited edition bed plus special financing through new years day. [ sniffs ] i took dayquil but my nose i
they had really nothing to say in the so-called fiscal cliff crisis. all right, the biggest winners and losers, stay with us welcome to chevy's year-end event. so, the 5.3-liter v8 silverado can tow up to 9,600 pounds? 315 horsepower. what's that in reindeer-power? [ laughs ] [ pencil scratches ] [ male announcer ] chevy's giving more. now through january 2nd, no monthly payments until spring for qualified buyers. get the silverado for 0% apr financing for 60 months plus $1,000 holiday bonus...
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they had really nothing to say in the so-called fiscal cliff crisis. all right. we'll be back for picks of person of the year, biggest winners, biggest losers. stay with us. >>> welcome back to "the last word," holiday party. it is now time for the person of the year award. who is the person of the year? >> i was thinking it is a night for celebration, but it is also a night to honor people. and for me, when you look at 2012, it would be congresswoman gabrielle giffords, she resigned this year after a heroic battle dealing with the gunshot wounds that she experienced. we obviously keep her in our thoughts and our prayers. but she was also a leader, and believed in public policy. and we're going to have to look as we go forward into the next year over how we deal with this enduring problem of gun violence in our country. >> joy reed, your person of the year? >> i picked for the person of the year, the american voter. >> it does sound corny. >> it is corny, you know, the reason i said it -- >> you said a group, you didn't say the country. >> it is a group. >> it is
they had really nothing to say in the so-called fiscal cliff crisis. all right. we'll be back for picks of person of the year, biggest winners, biggest losers. stay with us. >>> welcome back to "the last word," holiday party. it is now time for the person of the year award. who is the person of the year? >> i was thinking it is a night for celebration, but it is also a night to honor people. and for me, when you look at 2012, it would be congresswoman gabrielle...
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they had really nothing to say in the so-called fiscal cliff crisis. all right, the biggest winners and losers, stay with us . [ male announcer ] it's that time of year again. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. but with advair, i'm breathing better. so now i can be in the scene. advair is clinically proven to help significantly improve lung function. unlike most copd medications, advair contains both an anti-inflammatory and a long-acting bronchodilator working together to help improve your lung function all day. advair won't replace fast-acting inhalers for sudden symptoms and should not be used more than twice a day. people w
they had really nothing to say in the so-called fiscal cliff crisis. all right, the biggest winners and losers, stay with us . [ male announcer ] it's that time of year again. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online....
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-- that we're probably not going to go off the fiscal cliff or if we do go off the fiscal cliff it will be a small package of some tax increases, some spending cuts, but it's not going to put the economy into a recession. so what i've been telling clients is let's just hold the line right here. let's not sell precipitously. let's wait until we see the outcome. but right now i think there's a real good chance that the outcome could be positive or will muddle our way through this significant problem. >> ifill: let me ask you a question which politicians kept bringing up during this last election which is the that the uncertainty is what makes people nervous in the business world. is this the kind of uncertainty they were talking about? >> it absolutely is. you mentioned before the retail sales numbers for this christmas season and the retail sales numbers for this christmas season were very poor, very soft. this is both individuals and individuals affecting companies making decisions and it's really largely driven by their significant uncertainty about what's going to be their tax rate in
-- that we're probably not going to go off the fiscal cliff or if we do go off the fiscal cliff it will be a small package of some tax increases, some spending cuts, but it's not going to put the economy into a recession. so what i've been telling clients is let's just hold the line right here. let's not sell precipitously. let's wait until we see the outcome. but right now i think there's a real good chance that the outcome could be positive or will muddle our way through this significant...
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right now what we know for sure is this fiscal cliff can be avoided. everybody wants to avoid it, by extending those tax cuts on the first $250,000 that every household makes. that's the senate bill with a couple additional benefits that's before the house of representatives, john boehner should bring it to the floor for a vote. >> senator blumenthal, thank you very much for being with us, senator richard blumenthal of connecticut. ron you make an interesting point. if you project the u.s. budget out to 2020, the biggest single part of it will be the bush tax cuts so i'm not sure this business of making it permanent will make sense. >> it's hard to believe the democrats can fund the government activism they want at the time when seniors go from 40 million to 80 million. it's an extraordinary victory for republicans that that is the framework of debate now whether you're extending it for everybody or just 250 and below when virtually every democrat voted against it a decade ago. >> we have to give serious thought that taxes are going up for a short time
right now what we know for sure is this fiscal cliff can be avoided. everybody wants to avoid it, by extending those tax cuts on the first $250,000 that every household makes. that's the senate bill with a couple additional benefits that's before the house of representatives, john boehner should bring it to the floor for a vote. >> senator blumenthal, thank you very much for being with us, senator richard blumenthal of connecticut. ron you make an interesting point. if you project the...
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from the fiscal cliff. >>> former president george h.w. bush in intentive care. we'll have the latest on that. >>> a vigil for firefighters, a tornado in action and december surfing in the great lakes. good morning. i'm mara schiavocampo. a powerful winter storm that brought an odd mix of tornadoes, heavy winds and snow to the nation's midsection is now wreaking havoc on the northeast. snow and sleet have produced treacherous road conditions from pennsylvania and western new york to maine with more than a foot of snow expected in some areas. this storm so far being blamed for at least six deaths. and as nbc's kurt gregory reports, the storm is creating a post holiday travel nightmare. >> reporter: cleanup on the day after christmas for the deep south. a record of more than 20 tornadoes as a massive storm system ripped through mississippi and alabama and left arkansas with a record-breaking white christmas. that storm system continued its march across the center of the nation wednesday, leaving a near whiteout from detroit -- >> not used to
from the fiscal cliff. >>> former president george h.w. bush in intentive care. we'll have the latest on that. >>> a vigil for firefighters, a tornado in action and december surfing in the great lakes. good morning. i'm mara schiavocampo. a powerful winter storm that brought an odd mix of tornadoes, heavy winds and snow to the nation's midsection is now wreaking havoc on the northeast. snow and sleet have produced treacherous road conditions from pennsylvania and western new...
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Dec 24, 2012
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if we go off with the fiscal cliff, will we immediately go into a recession? >> i will go one step further, yes. i think we absolutely go into recession. that would knock between 2 and 4 percent off our gdp right away. this is the doomsday scenario, but that ten year rate now is 1.75ish. a lot of folks are calling it to 2, 2 1/2, maybe evenn3 because they are looking through rose colored lenses that i don't have. i think we could see that rate under 1% before it gets up to 2 1/2%. 2 to 4 percent blow to gdp puts us negative situation in terms of growth, that would be recessionary. at the same time i think you see the u.s. make a run to negative rates before you see that ten rate to 3%. that's as bad as it could be. david: thank you very much scott. >> thank you. david: protecting our schoolchildren has been a top priority, but there are a lot of opinions on how to do it. head of the nra wants armed guards in schools. >> if it's crazy to call for putting police and armed security in our schools to protect our children, then call me crazy. i will tell you what t
if we go off with the fiscal cliff, will we immediately go into a recession? >> i will go one step further, yes. i think we absolutely go into recession. that would knock between 2 and 4 percent off our gdp right away. this is the doomsday scenario, but that ten year rate now is 1.75ish. a lot of folks are calling it to 2, 2 1/2, maybe evenn3 because they are looking through rose colored lenses that i don't have. i think we could see that rate under 1% before it gets up to 2 1/2%. 2 to 4...
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Dec 29, 2012
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re-election and now they are pushing to 2013, after the fiscal cliff hits and taxes go up and they get blamed. it is an odd way i to negotiate. to get one republican view on what will come next. earlier this evening, i had the privilege of speaking with tom coburn of oklahoma. >> thank you for being with us tonight. >> glad to be here ezra. >> the deal is dead, we are down to a small deal, a mini deal or going over the cliff straight, what is your reaction to this? >> i'm not sure it's true. just talking to my colleagues in the senate, i think the middle ground is well known by everyone and i think you could get something that is viewed by the rating agencies and the american public as a pretty good solution. so i think it's possible, i don't know that it will happen. it's unfortunate that we are waiting until this late in the hour to try to accomplish something. >> so then, what do you see as the middle ground, i know you are a member of the gang of 8. >> when you talk to colleagues what do they see as what can be salvaged here? >> let me answer the first part of that. none of us want
re-election and now they are pushing to 2013, after the fiscal cliff hits and taxes go up and they get blamed. it is an odd way i to negotiate. to get one republican view on what will come next. earlier this evening, i had the privilege of speaking with tom coburn of oklahoma. >> thank you for being with us tonight. >> glad to be here ezra. >> the deal is dead, we are down to a small deal, a mini deal or going over the cliff straight, what is your reaction to this? >>...
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right now you talk about the fiscal cliff and also hitting this potential debt ceiling limit as well. $16.4 trillion we could arrive at on new year's eve. >> juliet: yeah. let's hear what congressman tray goudie had to say about this. he was on greta the other night. >> i assure you that there will be a resolution either before the new year or shortly after the new year. that's the good news, that there will be a deal. the bad news for you and your viewers is that there won't o'clock a solution. it will be a panacea or some magical alickser, make us all feel a little better. but shortly after the new year, we're also going to get a letter from timothy geithner asking us to raise the debt ceiling for the 80th time in our country's history. so there will be a quote, move to avert the fiscal cliff. your viewers should demand more than a deal. they should demand a solution. >> juliet: kimberly guilfoyle had that. >> kelly: here is a problem with all that, and i hope the congressman is right, because you want to have a sense of optimism. the president talked about being optimistic. john bo
right now you talk about the fiscal cliff and also hitting this potential debt ceiling limit as well. $16.4 trillion we could arrive at on new year's eve. >> juliet: yeah. let's hear what congressman tray goudie had to say about this. he was on greta the other night. >> i assure you that there will be a resolution either before the new year or shortly after the new year. that's the good news, that there will be a deal. the bad news for you and your viewers is that there won't...
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Dec 29, 2012
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had won re-election, and now they're pushing to to 13, after the fiscal cliff hits and they get blamed. it is an odd way to negotiate. to get one republican view on what will come next year, early this evening, shortly after the president's press conference, i had the privilege to speaking to republican senator tom coburn of oklahoma. senator, thank you so much for being here tonight. >> glad to be with you, ezra. >> it so seems to me the news of the day is the big deal is dead, completely dead, and we are down to either a small down, a mini deal, or going after the cliff straight. what is your reaction to this? >> i don't -- you know, i'm not sure that's true. just talking to my colleagues in the senate, i think the middle ground is pretty well known by everybody, and i think you could still get something that would be viewed by the ratings agencies as well as the american public as a pretty good solution. so i think it's possible. i don't know that that will happen. it's unfortunate that we're waiting until this late in the hour to try to accomplish something. >> so, then, what do yo
had won re-election, and now they're pushing to to 13, after the fiscal cliff hits and they get blamed. it is an odd way to negotiate. to get one republican view on what will come next year, early this evening, shortly after the president's press conference, i had the privilege to speaking to republican senator tom coburn of oklahoma. senator, thank you so much for being here tonight. >> glad to be with you, ezra. >> it so seems to me the news of the day is the big deal is dead,...
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Dec 26, 2012
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do you have any plans for fiscal cliff night? let's get to the "fast money" halftime. >>> all right, carl. thanks so much. welcome to the "halftime" show. four hours to go until the close. the dow has taken a turn to the negative. down 33 points. as you can see, the s&p and the nasdaq are following suit. here's what we're following on the "halftime" show. lucky '13. which stocks look like a good bet. >>> cliff countdown. just three trading days remain for lawmakers to reach a deal and avoid going over the cliff. will they rise above and what happens to the markets if they don't? first our top story, shopped out. new data showing holiday sales grew at the slowest pace in four years. what does it all say about the health of the nation's retailers and the money you have in their stock? our traders for the hour are peat and john negarian and steven weiss. pete, begin with you, 16 of the 17 worst performers in the s&p today are retailers. >> understandably so. the expectations were so high. a lot of the analysts were looking for a bum
do you have any plans for fiscal cliff night? let's get to the "fast money" halftime. >>> all right, carl. thanks so much. welcome to the "halftime" show. four hours to go until the close. the dow has taken a turn to the negative. down 33 points. as you can see, the s&p and the nasdaq are following suit. here's what we're following on the "halftime" show. lucky '13. which stocks look like a good bet. >>> cliff countdown. just three trading...
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Dec 26, 2012
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tomorrow to work on the fiscal cliff deal before the year ends. house and senate members are expected to reconvene. without an agreement, automatic tax increases for everyone and deep spending cuts will be triggered by the new year. the main dispute continues to be over taxes. >>> if you want to play the slots at 2:00 in the morning, starting tomorrow you can. maryland live casino is set to kick off its first 24-hour gaming day. once the casino opens at 8:00 in the morning, it will be open around the clock. maryland live is also prepared to immediately begin making the modifications required to add table games to the floor as soon as the regulation office makes it official. >>> a new 1200-seat auditorium is set to open in ocean city in 2014. it's going to be located at the ronald e. powell convention center. construction is set to begin in the fall on the $14 million project. >>> well, some netflix customers not too happy. they wanted to curl up on the couch and watch a movie on christmas eve. they were just out of luck. the streaming service for
tomorrow to work on the fiscal cliff deal before the year ends. house and senate members are expected to reconvene. without an agreement, automatic tax increases for everyone and deep spending cuts will be triggered by the new year. the main dispute continues to be over taxes. >>> if you want to play the slots at 2:00 in the morning, starting tomorrow you can. maryland live casino is set to kick off its first 24-hour gaming day. once the casino opens at 8:00 in the morning, it will be...
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Dec 24, 2012
12/12
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. >>> increased fears this morning about running off the fiscal cliff. the deadline for preventing tax hikes is one week today. it is likely that the president and congress will work right to new year's ever. >>> overseas now, where an american has been killed by an afghan policewoman. there have been similar insider attacks, but this is the first time a female security officer has been involved. >>> the nra is not backing away from the call for armed officers in schools. congressman chris murphy, whose district includes newtown calls the stance tone deaf and revolting. >>> a rel christmas gift, getting to where you're going on time today. storms are causing major trouble. not only trying to get through snow-covered roads. rain and wind are grounding flights in warmer parts of the country as well. >>> finally, christmas a good time to do star-gazing. jupiter and the moon will be close together in the sky and very bright. you'll be able to see them even in urban areas. the star of bethlehem may have been a similar astronomical event. you have to look to t
. >>> increased fears this morning about running off the fiscal cliff. the deadline for preventing tax hikes is one week today. it is likely that the president and congress will work right to new year's ever. >>> overseas now, where an american has been killed by an afghan policewoman. there have been similar insider attacks, but this is the first time a female security officer has been involved. >>> the nra is not backing away from the call for armed officers in...
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Dec 24, 2012
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right? i mean, you're waiting to see what happens with this fiscal cliff? >> i am. i tell you, i think that the christmas gift people are getting right now is to sell above 13,000. we were surprised we're not getting a deal. i'm surprised the market's as firm as it is and it is very easy to overthink this. well, must be firm. the bulls are strong. hey, we go higher. i think that's not the read at all. i think the initial reaction we got when they sent the house of representatives home on thursday night is what we're going to see when they don't get a deal done to the end of the year. i think there is no way. >> you think the market has it wrong here by being this high. >> i do. i think ultimately we're being tropical depression up by the 90 billion a month in fed liquidity but i think that comes home to roost probably as we get closer to the end of the year. the only way we have a shot to get a deal at the end of the year or maybe even early in january is if we have market pressure. right now the market is supplying no pressure to these politicians. so there is no r
right? i mean, you're waiting to see what happens with this fiscal cliff? >> i am. i tell you, i think that the christmas gift people are getting right now is to sell above 13,000. we were surprised we're not getting a deal. i'm surprised the market's as firm as it is and it is very easy to overthink this. well, must be firm. the bulls are strong. hey, we go higher. i think that's not the read at all. i think the initial reaction we got when they sent the house of representatives home on...
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Dec 27, 2012
12/12
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sending a message to congress about the fiscal cliff. for the rest of the week, employees in the washington, d.c., area will all write "come together" on starbucks cups instead of consumers' names. in an online letter starbucks ceo howard schultz says the company has responsibility to send a respectful and optimistic message. >>> hawaii lieutenant governor brian schatz was chosen yesterday to succeed senator daniel inouye who died last week. schatz is now flying to washington on air force one with president obama. he could be sworn in as early as today. >>> we may swear to our doctors that we're getting checked for cancer, but a new study finds we're actually dropping the ball. the university of miami study found the general public did not meet any government recommendations for cancer screenings except for colorectal cancer. cancer survivors had higher screening rates and they got recommended cancer screenings for all types except cervical cancer. but the study also showed fewer cancer survivors have been getting screened over the last
sending a message to congress about the fiscal cliff. for the rest of the week, employees in the washington, d.c., area will all write "come together" on starbucks cups instead of consumers' names. in an online letter starbucks ceo howard schultz says the company has responsibility to send a respectful and optimistic message. >>> hawaii lieutenant governor brian schatz was chosen yesterday to succeed senator daniel inouye who died last week. schatz is now flying to washington...
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Dec 24, 2012
12/12
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. >>> and there are increased fears this morning about running off the fiscal cliff. the deadline for preventing tax hikes and government spending cuts is just one week from today. the president and congress return to washington later this week. it's likely they'll work right to new year's eve. one possibility is striking a deal on taxes but leaving the spending for later. >>> overseas now, where an american has been killed by an afghan policewoman. the attack took place at police head quarters in kabul. where there have been similar insider attacks, this is the first time a female security officer has been involved. >>> the nra is not backing away from its call for armed officers in our nation's schools. and the group vows to fight any effort by congress to strengthen gun control laws. now congressman chris murphy, whose district includes newtown, calls the stance "tone deaf and revolting." >>> a real christmas gift, it would be getting to where you're going on time today. storms are causing major travel trouble throughout the nation. it's not only trying to get thro
. >>> and there are increased fears this morning about running off the fiscal cliff. the deadline for preventing tax hikes and government spending cuts is just one week from today. the president and congress return to washington later this week. it's likely they'll work right to new year's eve. one possibility is striking a deal on taxes but leaving the spending for later. >>> overseas now, where an american has been killed by an afghan policewoman. the attack took place at...
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Dec 31, 2012
12/12
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that means the fiscal cliff will not be the moment we fix the problem. the campaign to fix the debt says we need to look at how you raise revenues. that means broadening the tax base. if you get rid of the tax breaks, you could bring the rates down while raising revenue. you can do it by reforming the tax code in a way that would be better for the economy. right now rates are going to go off. there is still room because we will not raise enough revenue. we make the case you have to cut spending and reform entitlements looking at the health-care programs and retirement programs, which are under real stress. any plan has to look at all parts of the budget. the fiscal cliff is an across- the-board whack and that would put us back into recession. we can protect people that depend on these programs and so that we do raise significant revenues. we believe any plan has to be a bipartisan. it is about the country. it's interesting is how many people have stepped forward and saying to congress, stop making the situation worse. if you make the hard choices, the ca
that means the fiscal cliff will not be the moment we fix the problem. the campaign to fix the debt says we need to look at how you raise revenues. that means broadening the tax base. if you get rid of the tax breaks, you could bring the rates down while raising revenue. you can do it by reforming the tax code in a way that would be better for the economy. right now rates are going to go off. there is still room because we will not raise enough revenue. we make the case you have to cut spending...
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Dec 24, 2012
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there is a little more than one week left before the country goes over the fiscal cliff. your taxes will soar if congress and the president can't reach a deal. so steve is live for us in washington with the very latest. all right, good morning to you, steve. >> good morning, gretchen. yeah, the house as you know, tried and failed to pass some kind of a compromise on that fiscal cliff. now the spotlight falls on the u.s. senate. some kind of deal could have a better chance there because the senate is not as bitterly divided as the house. success depends partly on whether mitch mcconnell decides to filibuster any legislation. there is senate republicans who are willing to compromise in order to avoid the fiscal cliff. including kay bailey hutchison of texas and johnny isakson of georgia. >> time is running out. and the truth of the matter is, if we do fall off the cliff after the president's maturitied, he'll come back, propose just what he proposed yesterday in leaving washington and we'll end up adopting it. why should we put the markets mn such turmoil and the people in
there is a little more than one week left before the country goes over the fiscal cliff. your taxes will soar if congress and the president can't reach a deal. so steve is live for us in washington with the very latest. all right, good morning to you, steve. >> good morning, gretchen. yeah, the house as you know, tried and failed to pass some kind of a compromise on that fiscal cliff. now the spotlight falls on the u.s. senate. some kind of deal could have a better chance there because...
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Dec 26, 2012
12/12
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right now with the fiscal cliff, i am currently unemployed and i am concerned about the fiscal cliff. i am on a federal extension. i do not know if i'm going to get a paycheck to be able to pay my mortgage in january. two million people are set to lose their federal extensions in january and unemployment rate has come down due to attrition. people are not being counted. once you stop drawing benefits, you are counted as being unemployed. if you force two million people at once into the job market with the fraudulent unemployment numbers, how are these people going to get back to work? i was laid off in 2009 and i've had three different jobs. the type of employment being offered is often part-time work and it is a series of stringing together reemployment. you never really get back to work. it takes longer than six months to get back to work. you're going to be laid off again within six to eight months. maybe they did not extend it again after 2013 or after 2012. you get back to work after being employed temporarily. they continually whittled down the beaks. it is pretty tough. had thr
right now with the fiscal cliff, i am currently unemployed and i am concerned about the fiscal cliff. i am on a federal extension. i do not know if i'm going to get a paycheck to be able to pay my mortgage in january. two million people are set to lose their federal extensions in january and unemployment rate has come down due to attrition. people are not being counted. once you stop drawing benefits, you are counted as being unemployed. if you force two million people at once into the job...
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Dec 29, 2012
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cliff. >> if an agreement isn't reached on time, then i'll urge the senate to hold an up-or-down vote on a basic package that protects the middle class from an income tax hike, extends vital unemployment insurance for americans looking for a job and lays the ground work for more economic growth and deficit reduction. >> the president is optimistic that a deal can be reached midnight on new year's eve. listen to senate minority leader mitch mcconnell. >> we had a good meeting down at the white house. engaged in discussions in the hopes we can come forward as early as sunday and have a recommendation that i can make to my conference and the majority leader can make to his conference. >> and the senate is set to reconvene sunday at 1:00 eastern time. the house also expected to be in session on sunday. they'll start at 2:00 eastern time with the first votes coming at 6:30. let's head up to capitol hill. mike viqueira is there. so what? even if they reach a deal today or tomorrow? do we have time
cliff. >> if an agreement isn't reached on time, then i'll urge the senate to hold an up-or-down vote on a basic package that protects the middle class from an income tax hike, extends vital unemployment insurance for americans looking for a job and lays the ground work for more economic growth and deficit reduction. >> the president is optimistic that a deal can be reached midnight on new year's eve. listen to senate minority leader mitch mcconnell. >> we had a good meeting...
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Dec 26, 2012
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"power lunch" starts right now. >> merry cliff-mas, everybody. five days left and still no deal. president obama cutting short his annual vacation in hawaii to deal with the fiscal cliff. no sight of congressional leaders. they're not in town. investors getting a little bit nervous. will congress get it together in time? no talks that we know of are imminent. it was by at least one measure, the weakest holiday retail sales growth since the financial crisis back in 2008, but could a post-christmas holiday sales bounce be around the corner? >>> and what a year it has been for tech. gadgets and gizmos. apple, facebook, microsoft all have big news. will 2013 be a lucky year for the sector? which tech titans might lead the new trends? simon hobbs is in at the new york stock exchange. >> good afternoon. when president obama arrives back in d.c., can he prevent america falling over the fiscal cliff? house republicans haven't yet called their members back to washington. our chief political correspondent, john harwood, is with us. john, this feels very much like it might be the calm befor
"power lunch" starts right now. >> merry cliff-mas, everybody. five days left and still no deal. president obama cutting short his annual vacation in hawaii to deal with the fiscal cliff. no sight of congressional leaders. they're not in town. investors getting a little bit nervous. will congress get it together in time? no talks that we know of are imminent. it was by at least one measure, the weakest holiday retail sales growth since the financial crisis back in 2008, but...
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Dec 29, 2012
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on the fiscal cliff talks. right now staff discussions underway on the senate side trying to steer the country away from this fiscal cliff. >> dave: peter doocy is going to join us live from washington with the latest. peter from what we understand the house is initially left out of the discussion. so, something theoretically emerges from the senate and it's all on john boehner to find republican votes, is that where we are? >> reporter: where we are, we were told a few minutes ago discussions a way around the fiscal cliff at the staff level in the senate has begun for the day, only on the senate side. there's not much going on right now with the house of representatives. we heard yesterday though from some officials in the obama administration that senator mitch mcconnell, the senator minority leader has been working hard behind the scene, figuring how to get a deal done before monday at midnight and hearing talk in the senate that they want to tweak the obama plan and raise the threshold who the president say
on the fiscal cliff talks. right now staff discussions underway on the senate side trying to steer the country away from this fiscal cliff. >> dave: peter doocy is going to join us live from washington with the latest. peter from what we understand the house is initially left out of the discussion. so, something theoretically emerges from the senate and it's all on john boehner to find republican votes, is that where we are? >> reporter: where we are, we were told a few minutes ago...
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Dec 26, 2012
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wel get to the fiscal cliff in just a moment. we understand that you've just gotten word that the president is actually getting updates on the condition of former president rw bush. what can you tell us about that sfl. >> that's right. according to a senior official, president obama has been kept up to date on the condition of former president bush. he is recovering. he spent christmas in the hospital. doctors kept him there after concern that his fever was increasing. now, the senior administration officials won't confirm who's updating president obama. karen, it's not unusual for a sitting president to be kept in the loop when this type of situation arouss. when a former president is ill. so we are being told he has been kept in the loop. and of course the entire white house watching quite closely and everyone hoping he makes a full recovery soon. doctors have said they are cautiously optimistic. that former president bush will recover. so everyone with the white house sharing that opinion. >> and our prayers are with him as i'
wel get to the fiscal cliff in just a moment. we understand that you've just gotten word that the president is actually getting updates on the condition of former president rw bush. what can you tell us about that sfl. >> that's right. according to a senior official, president obama has been kept up to date on the condition of former president bush. he is recovering. he spent christmas in the hospital. doctors kept him there after concern that his fever was increasing. now, the senior...
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Dec 30, 2012
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we begin with that fiscal cliff hanger in washington, d.c. there are now just two days left until automatic tax hikes and severe budget cuts go into effect the. the president is urging democrats and republicans to reach a deal. senate leaders are working on a last-minute compromise. >>> a horrific accident in mississippi. six people including five children were killed when their suv plunged into a creek yesterday. the children were all related. police say four other adults including the parents of those children managed to escape. the vehicle that caused that accident is under investigation. >>> and stunning video of a plane crash outside of moscow, russia, the passenger plane overshot the runway and slammed into a highway yesterday. amazing video. four of the eight crew members on board were killed. there were no passengers on the plane and no one on the highway was hurt. the cause of that crash is under investigation. >>> and finally, a celebration at the vatican. about 40,000 young pilgrims from all across europe attended an open air mass
we begin with that fiscal cliff hanger in washington, d.c. there are now just two days left until automatic tax hikes and severe budget cuts go into effect the. the president is urging democrats and republicans to reach a deal. senate leaders are working on a last-minute compromise. >>> a horrific accident in mississippi. six people including five children were killed when their suv plunged into a creek yesterday. the children were all related. police say four other adults including...
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Dec 28, 2012
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. >>> finally, what's a woman in a bikini have to do with the fiscal cliff? ask "the new york post." there she is on today's front page leaping off an actual cliff. "off the fiscal cliff, this fall is really going to hurt." that's what they said. >>> up next, it used to be a favorite republican pastime, going after hillary clinton. it hasn't happened for a while, of course, but what if she does run for president? how could they resist doing it again? you're watching "hardball," the place for politics. she knows you like no one else. and you wouldn't have it any other way. but your erectile dysfunction - you know, that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph, like needing to go frequently or urgently. tell your doctor about all your medical conditions and medications, and ask if your heart is healthy enough for sexual activity. do not take cialis
. >>> finally, what's a woman in a bikini have to do with the fiscal cliff? ask "the new york post." there she is on today's front page leaping off an actual cliff. "off the fiscal cliff, this fall is really going to hurt." that's what they said. >>> up next, it used to be a favorite republican pastime, going after hillary clinton. it hasn't happened for a while, of course, but what if she does run for president? how could they resist doing it again? you're...
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Dec 30, 2012
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there's no natural segue for the fiscal cliff. come on back, clayton. >> juliet: it's fine. >> dave: we need your help to avert the fiscal cliff. congress back in session today and we understand, be careful, get your hazmat suit out. >> juliet: stop that now, come on. >> dave: we understand there's about a three o'clock deadline to present this new deal. we hear there may be some sort of a new deal coming out of the senate, when it comes to mitch mcconnell and harry reid presenting something, we don't know what, probably some sort of threshold around 4 or $500,000. >> and look on the table, the president sequestration and no one was going to have to deal with, they were going to get their act together months ago and now we're talking sequestration with two days left and 3 p.m., only hours left. >> dave: we'll have the latest with chris wallace in a couple of minutes. it's interesting as we near this fiscal cliff, the president signed an executive order that would give members of congress a raise, which is raise ago few eyebrows. >
there's no natural segue for the fiscal cliff. come on back, clayton. >> juliet: it's fine. >> dave: we need your help to avert the fiscal cliff. congress back in session today and we understand, be careful, get your hazmat suit out. >> juliet: stop that now, come on. >> dave: we understand there's about a three o'clock deadline to present this new deal. we hear there may be some sort of a new deal coming out of the senate, when it comes to mitch mcconnell and harry reid...